3827 Tilden AVE Active

Culver City,CA 90232

$ 4200000

16 Beds

10 Baths

9340 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,340 sqft

Price per Sqft $449

MLS Listing ID 25514563

Bedrooms 16

Year Built 1957

Lot Size 0.251 Acres

Property Description

Luca is proud to present this 10-Unit apartment located in the heart of Culver City. Just footsteps away from downtown, Tilden presents an opportunity to purchase a trophy Asset in a trophy location. Culver City is an epicenter of tech and media, housing Amazon Studios, AppleTV, MAX, Sony Studios, and NFL Networks. Culver City offers a vibrant night life, notable restaurant scene, trendy coffee shops, and an abundance of amenities such as Equinox catering to a young demographic of strong income earners. 3827 Tilden is priced attractively at just $450 per square foot and at a 5.00% cap rate and 14.50 GRM. While the in-place metrics are attractive, an investor can expect strong rental upside being that Culver City is home to one of the most robust and aggressively priced rental markets in Los Angeles County. This class A location provides for a high upper threshold for market rents. Culver City will garner the attention of an investor looking for both long-term appreciation and strong cash-flow. This is an opportunity to buy into one of Los Angeles' most compelling sub-markets at a great value while having the ability to aggressively re-position an asset for higher yield.

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning CCR4*

Interior

Laundry Laundry Room

Exterior

Parking Features Carport

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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